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As Tax Credit Hangs in the Balance, Texas Sets Another Wind Record
Many Texans woke up to a breezy, cool morning today, and when they turn their lights on and start doing their laundry or nuke a breakfast taco, many of them will be doing so with the help of that breeze: wind power. State Impact
Submitted 2 years 149 days ago

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LG&E project to create 700 jobs
Officials with LG&E and KU Energy LLC and Louisville-Jefferson County Metro Government will announce details Thursday of a $940 million construction project at the utility's Mill Creek Generating Station. Business First
Submitted 2 years 149 days ago

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Why Midland TX is the Second-Richest City in the Country
Yes, Midland is the second-weatlhiest metro area in the country (measuring personal income per capita in 2011), according to new data from the Bureau of Economic Analysis. State Impact
Submitted 2 years 149 days ago

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Keystone pipeline construction under way south of Cushing
TransCanada has begun working in Oklahoma on the southern segment of its Keystone XL pipeline. "It's kind of like a slow-moving train," project spokesman Jim Prescott said. "Once it gets going, it takes a while to get up to speed with all the crews that have to fall in, one behind the other." Tulsa World
Submitted 2 years 149 days ago

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Texas-based Hostess reportedly has 80-plus possible bidders
Hostess Brands, the defunct Irving-based maker of Twinkies and Wonder Bread, has more than 80 bidders who have signed confidentiality agreements for its assets. Dallas Business Journal
Submitted 2 years 149 days ago

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Pat McCrory punts on Panthers investment
N.C. House Speaker Thom Tillis and state Sen. Bob Rucho have proclaimed their interest in considering state support for renovations at the Carolina Panthers’ uptown stadium. The first word on the matter from Gov.-elect Pat McCrory came last night during a round of interviews with local reporters at the NASCAR Hall of Fame. Charlotte Business Journal
Submitted 2 years 149 days ago

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Body found in Gulf of Mexico is missing platform worker
The body found in the Gulf of Mexico on Monday morning has been identified as the missing worker from the oil platform that exploded last week, an investigator for the Lafourche Parish Coroner's Office said. A statement released from the coroner's office Wednesday afternoon confirmed that the body found is missing worker Jerome Malagapo, 28, of the Philippines. Times-Picayune
Submitted 2 years 149 days ago

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Study: Alabama has least competitive health insurance market
A new report from the American Medical Association says Alabama has the nation's least competitive health insurance markets. Birmingham Business Journal
Submitted 2 years 149 days ago

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Hutto EDC chief resigns
Hutto Economic Development Corp. Executive Director Scott Martinez will leave the suburb north of Austin at the end of the year to head the North Louisiana Economic Partnership. Austin Business Journal
Submitted 2 years 149 days ago

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Report: Startups leading the way in job creation
Firms 2 years old or younger have led the way when it comes to post-recession hiring and job creation, according to a report the Ewing Marion Kauffman Foundation released Wednesday. Austin Business Journal
Submitted 2 years 149 days ago

 

 

 

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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Urban areas have all kinds of assets that are easy to spot. They have the population, so the labor shed is not usually an issue. Urban areas are also connected by better roads, rail and air service and many have river and deep water ports. Usually Internet access and other forms of communication are more efficient in urban areas. And you have a larger array of quality of life options to choose from, such as the cultural assets found in metropolitan areas.
 

 Randle Report - Business News in the South

 FEATURE  
By Stacy Randle
Demographer Wendell Cox recently analyzed the largest gains in holders of bachelor's and post-graduate degrees between 2007 and 2012 in the 51 metro regions in the U.S. of 1 million residents or more. The results were published in Forbes magazine and the South dominated the ranking.
 

 Business News in the South - Randle Report

FEATURE     
After I finished the cover story for this issue, I read an interesting article by economist Paul Krugman, the op-ed columnist for the New York Times, titled, "Partying like it’s 1995." Generally I side with Krugman, even though I am a journalist, not an economist. Occasionally, though, I read some of his stuff and ask myself, "What planet did Krugman come from?" Like when he predicted a shift of automotive assembly to Canada after Toyota announced a new plant in Woodstock, Ontario in 2005 because of "free healthcare," among other benefits. That Toyota deal was the last major automotive assembly plant announced in Canada and I predict it will be the very last one for the Canadians.
 
 Nashville Mayour Karl Dean
If you have ever seen one of my presentations, then you know about the word "reshoring" and how that phenomenon has lifted the spirits of even the most skeptical Southerners regarding the future of the region's economy. After all, in the last four decades, manufacturing has suffered a bloodletting never before seen in U.S. history. The biggest factor behind the slow and long meltdown that began in the 1990s was the herd mentality to offshore manufacturing capacity to cheaper locales, primarily by U.S.-owned companies.
 


 

 

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